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ABOUT THIS BOOKLET
This assessment booklet and tools has been designed for students undertaking face to face mode of
study to provide information before students take assessments and contains assessment tools to
assess the skills and knowledge required from students to be deemed competent in this unit.
This booklet might not be suitable for students taking other modes of study e.g., online or work based.
Please read all the information given to you when you receive this assessment booklet. If you do not
understand any part of this booklet, please inform your assessor/trainer.
The assessment booklet contains two (2) parts:
PART 1: Assessment Information:
This part contains information on assessments for this unit of
competency and how assessment will be conducted throughout unit to achieve the competency. It
includes:
•
Application of the unit of competency
•
Purpose of assessment
•
Elements, performance evidence and knowledge evidence requirements of the unit
•
Conditions, context, required resources and location of the assessment.
•
Assessment tasks.
•
Outline of evidence to be collected.
•
Administration, recording and reporting the requirements including special adjustments,
appeals, reasonable adjustments and assessors' intervention.
PART 2: Assessment Tasks:
This part contains the information to successfully undertake the
assessment task. In each assessment task, students will find the following information:
•
Task instructions.
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Role play / Case study /Practical Demonstration/Scenario information.
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Information on resources required, where applicable.
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Appendix 1 (Resources required for the unit)
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Appendix 2 (Calculate linen expenses)
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Appendix 3 (Prepare expense budget)
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Appendix 4 (Calculate F&B labour costs)
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Appendix 5 (Calculate labour costs)
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Appendix 6 (Calculate food costs)
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Appendix 7 (Calculate beverage costs)
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Appendix 8 (Prepare event budgets)
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Appendix A (Prepare Revenue Budget)
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Appendix B (Prepare Income Budget)
SIT
504
16 | SITXFIN004
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Prepare and Monitor Budgets
Student Assessment Guide | Version 1.1
Pass Global Pty Ltd t/a ALTEC College |Provider Code: 22034 | CRICOS Code: 02926D
Approved by: CEO | Next Review: January 2023